MSCI Profit Soars

By

Ben Fox Rubin

Nov. 2, 2011 8:14 a.m. ET

MSCI Inc.'s third-quarter profit soared on lower expenses and higher subscription revenue, as its top line was again buoyed by a recent acquisition.

MSCI provides stock indexes, portfolio risk evaluation and performance data to mostly institutional investors. The company worked last year to expand its offerings, with efforts including a $1.55 billion acquisition of proxy adviser RiskMetrics Group.